NOT LISTED FOR SALE

3311 & 3329 Mahoney Dr Traverse City, MI 49696

10 Beds
5 Baths
7,104 Sq Ft
2.44 Acres

Last Sold September 07, 2023

Last sale price $1,320,000 $186 Per Sq Ft

4 Days on Market

Highlights

  • 2.44 Acre Lot
  • Porch
  • Ceiling Fan
  • Courtade Elementary School Rated A-
  • Landscaped
  • Baseboard Heating

About This Home

As of September 2023

Nicely updated and well maintained 8-unit apartment complex on the east side of Traverse City. Buildings have been completely updated including new roofs, windows, vinyl siding, and completely refreshed interiors. Excellent rental history and all leases are month-to-month with competitive rates. Each building includes a carport for four vehicles. All units have private access, 2 bedrooms, 1 full bath, and private laundry. You won't find a better maintained turn-key income opportunity!

Last Agent to Sell the Property

Matt Geib

Viewpoint Realty License #6502432932 Listed on: 08/01/2023

Last Buyer's Agent

Carly Francis

CENTURY 21 Northland License #6501442098

CENTURY 21 Northland

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1980

Lot Details

  • 2.44 Acre Lot
  • Lot Dimensions are 300x354
  • Landscaped
  • The community has rules related to zoning restrictions

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 7,104 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Oven or Range

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Paved Parking

Outdoor Features

  • Porch

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes exterior maintenance, trash removal, snow removal

Community Details

Overview

  • 8 Units
  • Earlington Hills Community

Additional Features

  • Common Area
  • Net Operating Income $87,261

Property Details

Home Type

Apartment

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: 8 - Plex, Apartment Complex
  • Style: 2 Story, Apartment
  • Estimated Year Built: 1980
  • Construction: Frame
  • Section Number: 27
  • Univs Design Barrier Free: No Steps Entry
  • Year Updated: 2023
  • Year Renovated: 2020
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1980

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Dryer, All Units The Same, Ceiling Fan, Electric Water Heater, Smoke Alarms
  • Interior Amenities: Laundry Hook-Up, Drywall
  • Main Floor Primary: Yes
  • Price Per Sq Ft: 185.81
  • Range: R 10W
  • Total Finished Sf Apx: 7104

Exterior Features

  • Exterior Features: Landscaped, Porch
  • Exterior Finish: Vinyl Siding
  • Foundation: Slab
  • Number Of Acres: 2.44
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt, Composite

Garage/Parking

  • Primary Garage: Paved Driveway, Carport(s)

Utilities

  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable Tv, Cable Internet
  • Water: Private Well
  • Heating Cooling Type: Baseboard
  • Monthly Electricity Expense: 133.68

Association/Amenities

  • Development Amenities: Common Area
  • Development Name: Earlington Hills

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 5 & 6
  • Lot Dimensions: 300x354
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Multi-Family, Rental History

Rental Info

  • Included In Lease: Exterior Maintenance, Trash Removal, Snow Removal
  • Rent Spree Y N: No

Multi Family

  • Total Number Units: 8

MLS Schools

  • School District: Traverse City Area Public Schools

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $1,320,000 -4.0% $186 / Sq Ft
08/01/2023 08/01/23 For Sale $1,375,000 -- $194 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Matt Geib

    Seller's Agent in 2023

    Matt Geib

    Viewpoint Realty

    (231) 357-3265

    47 in this area

    194 Total Sales

    Matt Geib
    Section Image
  • Carly Francis

    Buyer's Agent in 2023

    Carly Francis

    CENTURY 21 Northland

    (231) 409-3601

    3 in this area

    26 Total Sales

    Carly Francis
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1914024

Northern Great Lakes REALTORS® MLS

APN: 03-386-005-00

Michigan Grand Traverse County Traverse City 49696

3311 & 3329 Mahoney Dr, Traverse City, MI

This home is located at 3311 & 3329 Mahoney Dr, Traverse City, MI 49696 since 01 August 2023. This property was built in 1980. 3311 & 3329 Mahoney Dr is a home located in Grand Traverse County with nearby schools including Courtade Elementary School, East Middle School, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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